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#1
03-27-2007, 01:29 PM
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Quote:
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#2
03-27-2007, 02:01 PM
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You are right
It can cost more to have a horse go through with a reserve. There is a chance you buy the horse back, however you would still pay your percentage to the sales company.
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#3
03-27-2007, 04:54 PM
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It depends on how you set your reserve there are 2 ways to set a reserve, just for descussions sake lets say horse A we set the reserve at $50,000 or u can set the reserve at $50,000 (ATW) which means all the way to 50,000. the difference is when you set the reserve at just 50,000 the sales Co. will stop when there when there is no more live bids. but if you say $50,000(ATW) the sales co will take the horse to $50,000 whether there is a live bid or not.
It can be a little confusing if your not used to doing it.
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